This is a simple current account that offers you all you need to manage your funds and day-to-day transactions without any charges or monthly fee. This account gives you the opportunity to bank hassle-free without paying transaction charges such as Commission on Turnover (COT) monthly.
Why Choose this Account?
- It requires a minimum opening/operating balance of N500,000 for individual customers; N5, 000,000 for corporate customers.
- Account holders get free issuance of initial cheque book.
- It allows a maximum of ten (10) withdrawals per month. In any month more than 10 withdrawals are made, default AMC is applied at prevailing rate on total withdrawal made. Alternate channels withdrawals are inclusive. e.g. ATM, POS terminal, Online/Internet Banking, etc.
- You get internet & mobile banking, debit card issuance, SMS and e-mail alerts.
- Zero COT charges.
- No restrictions on withdrawals via ATM, POS and Internet Banking, etc.
- You should be aged 18 or older.
- You must have a valid means of identification alongside all required documents below.
- Individuals & Corporate
- Duly completed Application Form
- Valid means of identification (Drivers License, National ID Card or International Passport)
- Valid proof of address of residency e.g. current Utility Bill not exceeding 3 months
- Two passport size photographs of Applicant
- Two satisfactory references (current account).